Healthcare
N.D.
France FR

Scope of intervention

Sycomore Corporate Finance advises Ardian, supported by Bpifrance and  MACSF

Date of closing

Ongoing

Ardian has entered into exclusive negotiations with Sagard and the management of Healthy Group for the acquisition of Aprium Pharmacie, France’s leading pharmacy banner. The completion of this transaction is subject to prior information and consultation with Healthy Group’s employee representative bodies.

Rationale

Since its creation in 2016, Healthy Group has seen very strong growth in its Aprium Pharmacie network, which now has more than 470 pharmacies across France, and has enhanced its range of services to include a school for pharmacy assistants, omnichannel tools and category strategy, among others. This development has been driven by a strong, experienced management team led by Emmanuel Schoffler, CEO of Healthy Group, and by Aprium’s regional pharmacist partners. A comprehensive range of services, a decision-making structure that brings together pharmacists and business experts, and the launch of “Laboratoire Aprium” private label have all been key growth drivers, helping to build a strong brand identity that is recognised by pharmacists, patients and healthcare professionals alike.

Working alongside the management teams, Bpifrance and MACSF, the Growth team at Ardian will aim to accelerate the growth momentum of the pharmacy network by providing the resources Healthy Group needs to pursue its objectives of excellence and innovation, while keeping pharmacists and their patients at the heart of its priorities. This will be done through the sustained development of the services and advisory offering, the expansion of the digital tools and training made available and the continued development of the private label. With this new step, the management and Growth team at Ardian also aim to implement a proactive external growth strategy and to initiate international expansion.

Healthy Group at a glance

Born in 2016, Healthy Group is the leader in the transformation of the pharmacy landscape in France. Healthy Group provides all the services that dispensing pharmacists need to establish themselves as the benchmark health hub for their patients. The platform combines the advantages of traditional pharmacy networks, namely the pooling of purchases to optimise the relevance and competitiveness of the pharmacy offering, with the provision of high value added services, such as marketing, digital services, scientific support and support for pharmacy teams, which is now a crucial issue for the profession faced with an unprecedented labour shortage.

Ardian at a glance

Ardian is a world-leading private investment house, managing or advising $160bn of assets on behalf of more than 1,560 clients globally. Ardian’s broad expertise, spanning Private Equity, Real Assets and Credit, enables to offer a wide range of investment opportunities and respond flexibly to its clients’ differing needs. Through Ardian Customized Solutions, Ardian creates bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and Ardian places great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. The 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society.
Ardian’s goal is to deliver excellent investment performance combined with high ethical standards and
social responsibility.